新坐标 20250824 星坐标在人形机器人领域有哪些具体进展？ 在人形机器人领域，星坐标利用其冷断和金磨工艺制造灵巧手丝杠，并计划进 一步拓展至腿部和手部的小丝杠。这些新产品将显著提升公司的技术水平和市 场竞争力。此外，公司正在开发驻车四缸等新产品，以实现业务多元化。 公司股权结构及管理团队情况如何？ 摘要 星坐标凭借冷断和金磨工艺，有望成为人形机器人灵巧手丝杠加工领域 的领先者，并计划拓展至腿部和手部小丝杠，提升技术水平和市场竞争 力。 公司主营汽车发动机零部件，海外业务增长迅速，与大众、通用等头部 客户合作紧密，同时积极开拓国内市场，如一汽大众、比亚迪、吉利等。 冷墩工艺作为核心技术，通过无切削方式降低原材料损耗，并依赖模具 设计和精度保持，形成技术壁垒，公司模具自制是关键竞争优势。 国内冷墩零部件在汽车应用中渗透率较低，未来提升空间巨大，公司正 积极开拓变速器、电磁阀、电机轴等新市场。 为降低机器人微型丝杠成本，公司探索冷成型技术，如冷轧和冷墩，以 提高效率，并解决传统加工工艺在去除余量上的瓶颈。 针对灵巧手微型丝杠寿命问题，公司考虑采用 THK 金属陶瓷丝杠或行星 滚柱丝杠，其中行星滚柱丝杠在寿命和 ...

Core Viewpoint - Shenzhen Futaihe Precision Manufacturing Co., Ltd. has completed its first round of inquiry responses regarding its IPO application, raising concerns about its ability to meet the necessary requirements due to the disclosure of 11 betting agreements [2] Group 1: Company Overview - Futaihe was established in 2005 and specializes in the R&D, production, and sales of automotive engine parts, chassis parts, new energy vehicle electric drive components, and home appliance accessories [6] - The company initiated its listing plan after being listed on the New Third Board in 2015, with its IPO application being accepted by the Beijing Stock Exchange on January 20, 2025 [6] Group 2: Financial Obligations and Risks - Futaihe has signed 11 betting agreements with investors, committing to an IPO timeline that has been postponed from the end of 2019 to the end of 2025 due to previous performance declines [6] - The company faces a significant short-term debt pressure, with cash reserves of only 85 million yuan and total short-term debts amounting to 313 million yuan, resulting in a shortfall of 228 million yuan [7] - The company's actual controller is under financial strain, with 14 million yuan in outstanding loans, which could be exacerbated by the obligation to repurchase shares if the IPO fails [7] Group 3: Market Position and Future Outlook - The company has experienced a decline in performance growth and instability in its financial personnel, leading to internal control issues, which raises questions about its ability to successfully navigate the IPO process by the deadline [7] - The recent signing of termination agreements by some investors indicates potential shifts in the company's equity structure, which could have significant implications for its future [6]

Group 1: Company Performance - Changyuan Donggu achieved a net profit of 230 million in 2024, a year-on-year increase of 5%[1] - In Q4 2024, the company reported a net profit of 75 million, a significant year-on-year increase of 292%[1] - For Q1 2025, the net profit continued to grow, reaching 78 million, up 66% year-on-year[1] Group 2: Market Overview - The ChiNext Index rose by 1.38% last week, while the Shanghai Composite Index increased by 0.76%[3] - The small-cap index experienced a slight decline of 0.02% during the same period[3] - The overall net increase and decrease in shares amounted to -5.188 billion, with 46 companies increasing and 143 companies decreasing their holdings[32] Group 3: Corporate Actions - One company, Sunshine Nuohuo, announced a merger and acquisition plan last week[18] - Two companies, Tangyuan Electric and Wangli Security, released project-based fundraising plans[19] - Nine companies, including Fengguang Precision and Jidong Cement, announced equity incentive plans[21]

一、主营汽车零部件、底盘零部件等，前五大客户收入占比逾65% 发行人主要从事汽车发动机零部件、汽车底盘零部件、新能源车电驱零部件、家电卫浴零配件的研发、生产和销售。 报告期内营业利润分别为3,271.49万元、5,270.94万元、7,129.20万元和7,794.85万元，扣除非经常性损益后归属于母公司股东净利润分别为2,826.56万元、4,333.99 万元、5,023.94万元和6,342.04万元。 文/梧桐兄弟 2025年1月20日，北交所受理了深圳市富泰和精密制造股份有限公司的IPO申请，系今年首家IPO获受理企业。公司于2025年2月21日收到首轮问询，截至最新，暂 未披露问询函的回复。 | 项目 | 2024年9月30日 | 2023年12月31日 | 2022年12月31日 | 2021年12月31日 | | --- | --- | --- | --- | --- | | | /2024年1月 -- 9月 | /2023年度 | /2022年度 | /2021年度 | | 资产总计(元) | 1,328,107,506.96 | 1,186,695,378.15 | 995.794.056 ...

Core Viewpoint - The strategic cooperation agreement between Fulin Precision (富临精工) and CATL (宁德时代) aims to enhance collaboration in the lithium battery materials sector and expand into innovative fields such as automotive and robotics [1][2][4]. Group 1: Strategic Cooperation - Fulin Precision and its subsidiary Jiangxi Shenghua signed a strategic cooperation agreement with CATL, where CATL will invest RMB 400 million to acquire an 18.74% stake in Jiangxi Shenghua [1]. - The partnership builds on an existing long-term relationship in lithium battery materials, with Jiangxi Shenghua being a leader in the iron phosphate lithium battery sector [2]. - The agreement aims to leverage each party's expertise and resources to foster sustainable development and innovation within the new energy industry [4]. Group 2: Business Expansion - Fulin Precision's main business includes the research, production, and sales of automotive engine components, smart electric control for new energy vehicles, and lithium battery cathode materials [6]. - The company projects a net profit of RMB 370 million to RMB 450 million for 2024, a significant recovery from a loss of RMB 543 million in the previous year [6]. - Fulin Precision is actively expanding into the robotics sector, planning to establish a project company focused on robotic application systems and related services [6].